The entry of Israel-based PV Nano Cell into the U.S. PE market follows the recent introduction of its digital ink technology to the U.S. solar photovoltaic (PV) market, where it is expected to accelerate the adoption of solar PV by achieving significant cost reductions in the production of silicon solar cells and by increasing solar cell efficiencies at a mass production scale.
The PE market is predicted to grow at a CAGR of 33.8% from 2014 to 2020, reaching $40.2 billion by 2020, with more and more innovative applications moving toward commercialization, according to an industry report. Conductive inks are critical to the growth of the PE industry because they enable the use of inkjet printing technologies, which are digital, faster, less expensive, simpler and more versatile than conventional printing technologies.
“We look forward to our Sicrys family of single-crystal nanometric silver conductive inks accelerating innovation in the rapidly growing field of printed electronics by enabling the increased adoption of low-cost, flexible inkjet printing technologies,” said Fernando de la Vega, Ph.D., founder and CEO of PV Nano Cell. “Our Sicrys silver- and copper-based inks can be used in a range of industrial inkjet printing applications, including photovoltaics, printed circuit boards, RFID tags, sensors, smart cards, touch screens and advanced packaging.”
Digital ink technologies enable printing on flexible substrates made of plastic or even paper. By contrast with traditional printing technologies, which use a master printing plate, non-touch digital technologies have no significant impact on the substrate, making the printing process faster, more flexible and less expensive. Also, because digital inks can be sintered at low temperatures, they allow the use of the flexible, temperature-sensitive (but inexpensive) substrates.
Sicrys family of inks are the enablers for customized and 3D printed electronics. PVN is working with several OEMs to develop printed antenna prototypes using inkjet technology. Preliminary results show that costs can be reduced by as much as a half.